I don't care about YOUR concern; I told you that I hold Dime Ltw's AND WAMPQ shares.
If you bother to look at my previous post history, I have discussed owning ALL WaMu securities (except the Q's); I own a few of the K's and H's simply for voting purposes, and the vast majority of my investment is in the Dimeq's AND the Wampq's.
So, yeah, as a P holder it is MY business to question the insanity of trying to screw the Ltw's out of what they are rightfully owed as a result of the Breaches of Contract and Fiduciary Duty (not to mention to Bad Faith Negotiations against the Ltw's, and the complete shut-out FROM any negotiations with the Ltw's to see if Steinberg would be cool with letting WMI gift away the Anchor Goodwill litigation, by way of a §363 sale, as mandated by JPMC . . . if by that screwing, Newco gets $337 million dollars that it does not have to pay to the Ltw's, only to turn around and lose its most valuable asset ($5.4 billion in Unrestricted NOL's).
Or are you saying that as a Preferred P holder, I shouldn't be concerned with that? Better for me to bury my head in the sand?
So, laugh all you want . . . please, put me on "ignore." But I've been on the WaMu boards for a little while now. You might be noticing more postings because the Debtors and the EC kinda shared some news the other day . . . and a lot of us are still trying to digest it, or rather, recover from the indigestion.
Ps: You're right, as between the Equity classes (U, P, and K), P's are by far the best "value." I'd kinda like for that value not to go up in smoke due to Rosen's hurt pride, his arrogance and/or his hubris.
Now, please do us both a favor and place me on Ignore. You'll sleep much easier not being bothered with details and footnotes.
Regards.
AI
